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    For Sale (20)

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    Navarre Cleared Lot with Boat Slip
    $300,000
    0.26 Acres

    Navarre Cleared Lot with Boat Slip

    Cleared lot with deep water boat slip and Intracoastal views.

    9389 Palmetto Ridge Ct, Navarre, FL 32566
    View details
    Valparaiso, FL Land Opportunity
    $99,500
    0.04 Acres

    Valparaiso, FL Land Opportunity

    Land in Valparaiso, Florida with bay views!

    25 Hidden Cove Cir, Valparaiso, FL 32580
    View details
    Freeport Land Opportunity
    $750,000
    9.91 Acres

    Freeport Land Opportunity

    Large wooded land tract in fast-growing Freeport, Florida.

    County Highway 83A W, Freeport, FL 32439
    View details
    Land in Gated Community
    $189,000
    0.05 Acres

    Land in Gated Community

    Homesite in amenity-rich, gated community near Blue Mountain Beach.

    Margaret Maclin Way, Santa Rosa Beach, FL 32459
    View details
    LAND - Altha, FL
    $90,000
    20.00 Acres

    LAND - Altha, FL

    20 acre land for sale in Altha, Florida.

    3-1N-11W Baker Rd, Altha, FL 32421
    View details
    Freeport, FL Wooded Lot
    $164,500
    0.95 Acres

    Freeport, FL Wooded Lot

    0.95-acre wooded lot near Hwy 20 and 331.

    Fl-20, Freeport, FL 32439
    View details
    Waterfront Estate with Rental Income
    $1,800,000
    5,144 SF

    Waterfront Estate with Rental Income

    Waterfront estate featuring multiple units and primary residence.

    334 Bluefish Dr, Fort Walton Beach, FL 32548
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    Expansive 28-Acre Land Parcel
    $392,000
    28.00 Acres

    Expansive 28-Acre Land Parcel

    28-acre parcel ideal for homesite, retreat, or development.

    7104 Fl-81, Ponce de Leon, FL 32455
    View details
    Ponce De Leon Land Parcel
    $140,000
    10.00 Acres

    Ponce De Leon Land Parcel

    10 acre land parcel near beaches and interstate.

    St Hwy 81, Ponce de Leon, FL 32455
    View details
    Wooded Land in Youngstown, Florida
    $30,000
    0.92 Acres

    Wooded Land in Youngstown, Florida

    Wooded 0.92 acre lot suitable for site-built or mobile home.

    Troy Rd, Youngstown, FL 32466
    View details
    Vacant Lot in Gulf Breeze
    $64,900
    0.39 Acres

    Vacant Lot in Gulf Breeze

    Build your dream home on this high and dry lot.

    Congress St, Gulf Breeze, FL 32563
    View details
    Waterfront Lot with Boat Slip
    $300,000
    0.26 Acres

    Waterfront Lot with Boat Slip

    Cleared lot with deep water boat slip in gated community.

    9389 Palmetto Ridge Ct, Navarre, FL 32566
    View details
    Waterfront Recreational Land in Crawfordville
    $67,000
    0.16 Acres

    Waterfront Recreational Land in Crawfordville

    Unique waterfront property offering peaceful escape and endless possibilities.

    Ben Willis Rd, Crawfordville, FL 32327
    View details
    Vacant Land Near Panama City Beach
    $189,900
    0.26 Acres

    Vacant Land Near Panama City Beach

    Versatile land near beaches, airport, shopping, and dining.

    171 Heather Dr, Panama City Beach, FL 32413
    View details
    Residential Lot in Navarre, FL
    $63,000
    0.39 Acres

    Residential Lot in Navarre, FL

    Vacant lot perfect for building your dream home.

    Nelson St, Navarre, FL 32566
    View details
    Crestview, FL - 9 Acre Parcel
    $150,000
    9.00 Acres

    Crestview, FL - 9 Acre Parcel

    9-acre parcel in Crestview, FL, perfect for building.

    Santee St, Crestview, FL 32539
    View details
    Ponce De Leon Land Opportunity
    $92,000
    2.63 Acres

    Ponce De Leon Land Opportunity

    2.63 acres of wooded land in the Florida Panhandle.

    Smokehouse Lake Rd, Ponce de Leon, FL 32455
    View details
    10 Acres Wooded Land Freeport
    $750,000

    10 Acres Wooded Land Freeport

    10 acres of wooded land centrally located in Freeport.

    000 County Highway 83A W, Freeport, FL 32439
    View details
    Waterfront Property with Rental Income
    $1,800,000

    Waterfront Property with Rental Income

    Waterfront property featuring multiple units and rental income potential.

    334 Bluefish Dr, Fort Walton Beach, FL 32548
    View details
    Key Largo Land Parcel
    $90,000
    871,200 SF

    Key Largo Land Parcel

    Large land parcel available in Key Largo, Florida.

    31 Baker Rd, Key Largo, FL 33037
    View details

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    Realty ONE Group Emerald Coast
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Realty ONE Group Emerald Coast
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